News of federal reserve

Bloomberg - Opinion

Money is losing its meaning amid coronavirus pandemic

16-04-2020 15:32 Saving the global economy from the coronavirus pandemic is going to cost a lot of money. The sums involved are so large that they no longer have any meaning; they are simply abstractions.

VIRUS outbreak

Fed cuts half point in emergency move in reaction to Coronavirus

03-03-2020 14:54 US Federal Reserve announces emergency rate cut, responding to the growing economic risk posed by the coronavirus epidemic and giving President Trump the stimulus he has called for.

Global economic slowdown

Global safety rush sends US yields plunging toward record lows

24-02-2020 15:44 Traders are preparing for the worst as the coronavirus spreads across national borders, stoking fears about its economic impact as US yields fell to their lowest levels since 2016.

CORONAVIRUS

Stock markets retreat as virus death toll surges

30-01-2020 13:08 Coronavirus outbreak in China sparks worldwide concerns as death toll grows; US Federal Reserve Chairman Jerome Powell claims virus poses new risk to global growth.

TRADE WAR

Trump raises tariffs on Chinese goods as trade war escalates

23-08-2019 20:34 The US president said he would raise tariffs on Chinese goods to 30 percent in response to China's tax increase on US products.

GLOBAL ECONOMY

US Federal Reserve cuts interest rates for first time since 2008

31-07-2019 16:49 The US Federal Reserve cut the benchmark lending rate on Wednesday for the first time in more than a decade, moving to stimulate the economy after a year of sustained pressure from President Donald Trump.